Summary
- A stock market correction is well on its way.
- The money supply is a key driver of stock prices, but sometimes stocks decouple greatly from the money supply - both on the upside and downside.
- Based on the 2000 and 2007 stock market peaks and their ratio to the money supply, stocks could fall more than 49.5% this time around.
I've published the full article on Seeking Alpha which you can access for free here.
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